Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...
IS South Africa the world’s most unequal country? No. The numbers are lying to you. The Gini Coefficient, the flawed metric behind this damaging myth, ignores billions in black wealth, millions of ...
SINGAPORE: Income inequality in Singapore has declined to its lowest level in over two decades, said Deputy Prime Minister Lawrence Wong during his Budget speech last Friday (Feb 16). This is measured ...
What is the Gini coefficient, and what is it used for? And how does Singapore work out its Gini coefficient? If you've ever struggled to understand this concept, CNA's Grace Yeoh breaks it down for ...
THE rubric of robust statistical measures is essential for evaluating policies and plans within the context of democratic governance. A RECENT Sunday Independent article questions the relevance of the ...
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